Tag: Tighten

H-1B visa: Ahead of US elections 2020, Trump administration races against time to tighten regulations

The administration is aiming to review these regulations before the country goes into re-election on November 3.

H-1B visas: Ahead of the US Presidential Elections 2020, President Donald Trump’s administration is trying to tighten the norms and make it harder for US companies to hire employees from abroad before the end of 2020. This, according to officials cited by news agency Reuters, would lead to preservation of jobs for American nationals as the country deals with severe blow to employment due to the coronavirus pandemic. The officials also said that the decision would be politically difficult to reverse, the report said.

The White House budget office is racing against time to review a fast-track regulation to narrow the definition of “specialty occupation” that is eligible under the H-1B programme for getting a skilled-worker visa, the report said, citing the website of the budget office and administration officials. Apart from this,

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Rutte Ready to Tighten Screws on Big Business Before Dutch Vote

(Bloomberg) — The Dutch government is set to disappoint executives and hand out tax cuts to the middle classes as Prime Minister Mark Rutte appeals to regular voters ahead of next year’s election.



Mark Rutte wearing a suit and tie: Mark Rutte, Dutch prime minister, poses for a photograph following a Bloomberg Television interview on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 23, 2020. World leaders, influential executives, bankers and policy makers attend the 50th annual meeting of the World Economic Forum in Davos from Jan. 21 - 24.


© Bloomberg
Mark Rutte, Dutch prime minister, poses for a photograph following a Bloomberg Television interview on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 23, 2020. World leaders, influential executives, bankers and policy makers attend the 50th annual meeting of the World Economic Forum in Davos from Jan. 21 – 24.

Finance Minister Wopke Hoekstra will present his final budget before next year’s general election on Tuesday afternoon and local media are reporting that he will delay for a second year a plan to cut the main tax rate for companies from 25%.

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Instead, Hoekstra will lower taxes on incomes up to 68,500 euros ($81,000) and the first

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